Page 13 - Latest Updates on Economic Survey
Private capex in key infra sectors not 'to the extent desired': Eco Survey
Between FY19 and FY23, the central and state governments contributed 49 per cent and 29 per cent, respectively, to total investments. The private sector's contribution was a mere 22 per cent
 "Private capex in key infra sectors not 'to the extent desired': Eco Survey")
GDP growth in FY25 may surpass Economic Survey's prediction: India Inc
Sanjeev Agrawal, President, PHD Chamber of Commerce and Industry, said, "We believe that the growth will be above such conservative estimates as 8 per cent growth is becoming a new normal for India"
Revenue per room up over 150% from FY21, says Economic Survey
Occupancy rates are over 60 per cent for the third year in a row
 "Revenue per room up over 150% from FY21, says Economic Survey")
Economic Survey identifies growth areas for Viksit Bharat: PM Modi
Finance Minister Nirmala Sitharaman on Monday presented the Economic Survey 2023-24, along with the statistical appendix in the Lok Sabha
 "Economic Survey identifies growth areas for Viksit Bharat: PM Modi")
Cong calls Eco Survey 'cherry-picked' view, says India in precarious state
Finance Minister Nirmala Sitharaman presented the Economic Survey 2023-24, along with the statistical appendix, in the Lok Sabha on Monday
 "Cong calls Eco Survey 'cherry-picked' view, says India in precarious state")
AI poses both risks and opportunities for youths, says Economic Survey
Puts onus on pvt sector to make sure jobs aren't replaced but reshaped
 "AI poses both risks and opportunities for youths, says Economic Survey")
19.2 mn foreigners visited India in 2023, up from 1.05 mn in 2021: Govt
The overall foreign tourist visits to India rose from 1,054,642 in 2021 to an estimated 19,245,817 in 2023, indicating a robust recovery and growth in India's tourism sector post-pandemic
 "19.2 mn foreigners visited India in 2023, up from 1.05 mn in 2021: Govt")
Stressed debt worth Rs 1.25 trillion on NARCL's radar: Economic Survey
Incorporated in 2021, with majority stake held by public sector banks and the balance by private sector banks, NARCL has the mandate to acquire fully provisioned stressed assets from banks
 "Stressed debt worth Rs 1.25 trillion on NARCL's radar: Economic Survey")
Pvt sector's offering to 'toxic mix of habits' substantial: Eco Survey
Social media, screen time, sedentary habits, and unhealthy food are a lethal mix that can undermine public health and productivity and diminish India's economic potential
 "Pvt sector's offering to 'toxic mix of habits' substantial: Eco Survey")
Economic Survey: DPI brings down KYC costs to Rs 6 from about Rs 1,000
The disclosure on KYC costs comes as the RBI has been cautious about KYC risks and has emphasised well-defined norms for market players
 "Economic Survey: DPI brings down KYC costs to Rs 6 from about Rs 1,000")
Eco Survey: Quadruple psychiatrists, integrate mental health in schools
Even as experts acknowledge the challenge, they also point to a rising trend in the number of psychiatrists due to an increased number of postgraduate seats in recent years
 "Eco Survey: Quadruple psychiatrists, integrate mental health in schools")
How fake employment certificates in India are sold for Rs 7,500: Explained
Fake employment certificates are not only affordable and easily accessible but can also be produced within hours
 "How fake employment certificates in India are sold for Rs 7,500: Explained")
Better utilisation of land will bring fixed cost of production: Survey
MSMEs are the backbone of the Indian economy, contributing approximately 30 per cent of the country's gross domestic product (GDP)
 "Better utilisation of land will bring fixed cost of production: Survey")
Indian carriers should be strengthened for long-haul flights: Eco Survey
"A large proportion of Indian international traffic for the long haul goes through connectivity hubs in the Middle East and Southeast Asia"
 "Indian carriers should be strengthened for long-haul flights: Eco Survey")
Need to capacitate Mospi to integrate all required statistics: Eco Survey
The survey notes that official statistics play a pivotal role in addressing societal challenges and promoting inclusive growth
 "Need to capacitate Mospi to integrate all required statistics: Eco Survey")
Renewable energy sector to get Rs 30.5 trn investments by 2030: Eco Survey
India has put in place a target of achieving 50 per cent cumulative installed capacity for generating electric power from non-fossil fuel-based energy resources by 2030
 "Renewable energy sector to get Rs 30.5 trn investments by 2030: Eco Survey")
Doom scrolling to cyberbullying: Economic Survey focuses on mental health
The Economic Survey for FY24 highlighted that mental health affects productivity more broadly than physical health issues and highlighted the socio-economic impacts of mental disorders
 "Doom scrolling to cyberbullying: Economic Survey focuses on mental health")
Govt's initiatives for cleaner coal need to be promoted: Economic Survey
While phasing in renewables to the extent possible is crucial, in the short to medium term, the focus should also be on actively adopting clean coal technologies
 "Govt's initiatives for cleaner coal need to be promoted: Economic Survey")
117,254 DPIIT-recognised startups created 1.2 mn direct jobs: Eco Survey
Startups soar from 300 to over 100k in 7 years
 "117,254 DPIIT-recognised startups created 1.2 mn direct jobs: Eco Survey")
Economic Survey says need for 'viable, cost-effective' housing in India
Going forward, the demand for housing is expected to be driven by affordability and increased access to credit, it said
 "Economic Survey says need for 'viable, cost-effective' housing in India")